NO.26 THE SEA LIMITED
- · Oldest live charge 6.5y old — refinance window within 12 months
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (85/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 6.5y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Turnover | £558.9k | £534.9k |
| Gross profit | £481.4k | £436.9k |
| Profit before tax | £155.4k | £-96.6k |
| Average employees | 700 | 700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Corporate timeline (18 events)Click to expand
- 2025-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-10📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-11-19🔓Charge satisfied #1
- 2021-11-11🔒Charge registered #2Lender: Cumberland Building Society
- 2021-09-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-12-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-10-24🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2019-09-03🏢Company incorporatedAs NO.26 THE SEA LIMITED
- 2019-09-03➕SLOAN, Paul Gerrard appointeddirector
- 2019-09-03📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
Anchos Restaurants Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Anchos Restaurants Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/11/2019 |
1 historic (ceased) PSC
- Sloan Wells Holdings Limitedceased 20/11/2019· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| FZ MULTIVENTURE LTD→ SC852878 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LAURA'S TINY TREASURES LIMITED→ SC286285 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| MAIN CORP PROPERTY LTD→ SC811291 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MASTER CHEF PAISLEY LTD→ SC881885 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MIRAMAR CATERING LTD→ SC836368 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MOCHEF LIMITED→ SC545354 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| MOSSBLOWN PROPERTIES (SCOTLAND) LIMITED→ SC654666 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| MUSSELMEN LIMITED→ SC331401 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| NICO'S PIZZERIA LTD→ SC622592 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| NICO'S PIZZERIA SCOTLAND LTD→ SC508830 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| NO.17 THE PROMENADE LIMITED→ SC703027 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| NO1 CHARLOTTE STREET LIMITED→ SC635545 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cumberland Building Society | A registered charge | — | 11/11/2021 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 24/10/2019 | 19/11/2021 |